FG Wood: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
FG Wood
Largest movements
- Tangible fixed assets -€8,208
down €8,208 (-50.8%), from €16,152 to €7,943
of which Furniture and vehicles: -€4,811
- Receivables within one year +€6,709
up €6,709 (+73.2%), from €9,164 to €15,874
of which Trade receivables: +€5,980
- Cash +€3,041
up €3,041 (+67.1%), from €4,534 to €7,575
mainly Depreciation (+€8,915) and Trade debts (+€6,335)
- Intangible fixed assets -€390
down €390 (-12.5%), from €3,119 to €2,729
- Trade debts +€6,335
up €6,335 (+50.6%), from €12,510 to €18,845
- Profit (loss) carried forward -€5,113
down €5,113 (-29.4%), from €17,396 to €12,283
- Gross operating margin -€13,677
down €13,677 (-77.6%), from €17,624 to €3,947
- Taxes -€1,446
no longer reported in 2025 (was €1,446)
- Other operating charges -€661
down €661 (-79.3%), from €834 to €172
- Depreciation -€651
down €651 (-6.8%), from €9,566 to €8,915
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,974 | €34,196 | +€1,222 | +3.7% |
| Fixed assets | 21/28 | €19,270 | €10,672 | -€8,598 | -44.6% |
| Intangible fixed assets | 21 | €3,119 | €2,729 | -€390 | -12.5% |
| Tangible fixed assets | 22/27 | €16,152 | €7,943 | -€8,208 | -50.8% |
| Plant, machinery and equipment | 23 | €10,932 | €7,534 | -€3,398 | -31.1% |
| Furniture and vehicles | 24 | €5,220 | €409 | -€4,811 | -92.2% |
| Current assets | 29/58 | €13,703 | €23,524 | +€9,820 | +71.7% |
| Amounts receivable within one year | 40/41 | €9,164 | €15,874 | +€6,709 | +73.2% |
| Trade receivables | 40 | €6,235 | €12,215 | +€5,980 | +95.9% |
| Other amounts receivable | 41 | €2,930 | €3,658 | +€729 | +24.9% |
| Cash at bank and in hand | 54/58 | €4,534 | €7,575 | +€3,041 | +67.1% |
| Deferred charges and accrued income | 490/1 | €5 | €75 | +€70 | +1,356% |
| Total equity and liabilities | 10/49 | €32,974 | €34,196 | +€1,222 | +3.7% |
| Equity | 10/15 | €20,396 | €15,283 | -€5,113 | -25.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,396 | €12,283 | -€5,113 | -29.4% |
| Amounts payable | 17/49 | €12,578 | €18,913 | +€6,335 | +50.4% |
| Amounts payable within one year | 42/48 | €12,578 | €18,913 | +€6,335 | +50.4% |
| Trade debts | 44 | €12,510 | €18,845 | +€6,335 | +50.6% |
| Suppliers | 440/4 | €12,510 | €18,845 | +€6,335 | +50.6% |
| Taxes, remuneration and social security | 45 | €68 | €68 | = | 0.0% |
| Taxes | 450/3 | €68 | €68 | = | 0.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €52 | - | -€52 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,566 | €8,915 | -€651 | -6.8% |
| Other operating charges | 640/8 | €834 | €172 | -€661 | -79.3% |
| Gross operating margin | 9900 | €17,624 | €3,947 | -€13,677 | -77.6% |
| Operating profit (loss) | 9901 | €7,225 | -€5,141 | -€12,365 | |
| Financial income | 75/76B | €49 | €82 | +€33 | +68.6% |
| Recurring financial income | 75 | €49 | €82 | +€33 | +68.6% |
| Financial charges | 65/66B | €62 | €54 | -€7 | -12.2% |
| Recurring financial charges | 65 | €62 | €54 | -€7 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €7,212 | -€5,113 | -€12,324 | |
| Income taxes | 67/77 | €1,446 | - | -€1,446 | |
| Profit (loss) for the period | 9904 | €5,766 | -€5,113 | -€10,878 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,766 | -€5,113 | -€10,878 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.